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Meta adds Stripe CEO Patrick Collison and Dina Powell McCormick to its board

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 25, 2024. Meta Platforms Inc. debuted its first pair of augmented reality glasses, devices that show a combined view of the digital and physical worlds, a key step in Chief Executive Officer Mark Zuckerberg's goal of one day offering a hands-free alternative to the smartphone. Photographer: David Paul Morris/Bloomberg via Getty Images


Banking govt and former presidential advisor Dina Powell McCormick and Stripe co-founder and CEO Patrick Collison are becoming a member of the board of Meta, in line with a report from Axios.

Powell McCormick spent 16 years in a number of management roles at Goldman Sachs. She additionally served as Deputy Nationwide Safety Advisor to President Donald J. Trump throughout his first administration. Collision began digital funds large Stripe, which was valued at $91.5 billion earlier this 12 months, together with his brother John in 2010.

The appointments are seen as a broader transfer by Meta to “increase its board to incorporate extra world enterprise specialists” at a time “the corporate appears to curry favor with the Trump administration” forward of an antitrust trial that begins Monday, reported Axios.

Collison beforehand served on Meta’s advisory group. Powell McCormick is new to Meta. Their appointments can be efficient April 15.

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